Housing costs in Coates?
A typical home costs
$239,700, which is 29.1% less expensive than the national average of
$338,100 and 22.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Coates costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 28.7% more than the state average of
$1,240.
Can I afford Coates?
To live comfortably in Coates, Minnesota, a minimum annual income of
$46,080 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Coates?
The cost of living in Coates, MN is fairly reasonable. Homes in the area are generally reasonably priced, with the median home value being around $183,000. The average rent for a one-bedroom apartment is about $775 per month; two-bedrooms run around $905 per month. Utilities such as electricity and water tend to be higher than other parts of Minnesota due to the rural location, but they are still within reach. Groceries and dining out are also relatively inexpensive compared to other areas. Overall, Coates is an affordable place to live and provides plenty of amenities for its residents.